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Wagering License Business Opportunity - South Hedland Wa For Sale

South Hedland, Western Australia, Australia
Asking Price:
$303,750 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

South Hedland TAB Agency 179 – Business Opportunity

Asking Price 100% Ownership $303,750

Cash Flow Revenue On Request

Sales Revenue On Request

License Agreement 10 years plus an optional 5 year extension (established 2016)

TAB’s for sale site www.tabsforsale.com.au/tabs/south-hedland-tab/

Please Note the asking price in this advert is incorrect.

South Hedland TAB is located in the centre of town, stand alone building with Subway. Agency is a
Service Level One (SL1) which derives income from betting and wagering through Racing and Wagering Western Australia (RWWA).

Current owners (100%) have decided it is time to move on giving another astute owner or partnership entry to own and operate this lucrative cash flow business.

The License to operate South Hedland TAB (Agency 179) is offered for sale to the astute buyer at 100% ownership.

As a TAB owner / operator (Agent), you have purchased the rights to run a TAB establishment in order earn a commission from the sales of para-mutual and fixed odds wagers.

South Hedland’s Agency is nestled next to Subway in a detached twin retail establishment, conveniently located at the heart of the towns CBD, directly opposite Charter Hall’s South Hedland Square shopping Centre. The twin establishment is owned and fully maintained by Racing and Wagering Western Australia (RWWA).

Commissions are earned via ticket sales within your Agency, self-service terminals located within your Agency, Sales transactions through online TABTouch accounts connected to your agency and through customers using TABTouch accounts on their mobile devices within your agency.

As this business is a license purchase, your only overheads are power, payroll, minor cleaning products, insurance and the replacement of televisions displaying TABText within the Agency.

RWWA provides the agent with all other requirements needed to operate the premises, as well as maintain the premises.


FAQ – Brief and Honest Review


TAB Weekly Income streams?

Ticket sales within the agency including all wagers placed via the self-service terminals.
Trailing commissions from TABTouch account holders (aligned to TAB179)
Trailing commissions from punters using their TABTouch Account on their mobile devices within the Agency.
Base opening hour rate.
Customer Identification Verification Fee


What avenues are open for increasing your Commissions?

In store promotions (fathers day second chance draws etc)
Agency Punters Club
Footy tipping (ran annually in tandem with The West Newspaper)
Instore Sweepstakes for Group 1 Races
Favorite Numbers syndicate club


What Business expenses are covered by RWWA?

All rent, all property maintenance (includes air conditioning, lighting, security, carpet cleaning etc) and any property upgrades are covered within the license agreement
All Marketing costs are covered in the license agreement as well as a budget for local community sporting sponsorships and inhouse promotions to increase customer traffic.
All paper, stationary, tickets, and signage costs are provided even includes pens.
All printers and ink, terminals, self-service terminals and customer information terminals.
Minor cleaning products to maintain the Self-service terminals, Customer Information Terminals and Operating Terminals (Alcohol wipes, wet wipes and screen cleaning cloths)
Water account
Maintenance and if needed, replacement of two large televisions displaying SKY Racing.
SKY Television and Dish maintenance
Back yard maintenance
Security system and 5 CCTV cameras.


OK what does the business have to pay?

Electricity supply account
Staff wages (if you so choose to have an employee), Superannuation and PAYG
TV monitor replacement (there are 23 in current use)
Counter cleaning products, bin liners and a vacuum cleaner
GST, company taxes, accounting fees etc.
Additional in store promotions (RWWA will meet half of your extra in store promotion expenses)
Initial Staff compliancy training ($55.00)


What support does the business receive from RWWA?

Regional Development Consultant to help with any issues, questions and support including marketing planning and business growth.
Monthly Webinars to update agents on upcoming promotions, current events and new technology integrations.
Compliancy training renewal every 2 years for each agent and staff member.
Three-week training course for new Agents in Perth as well as instore training.
All marketing and business promotion activities and materials
Service desk – Tech support, customer support, account support.
24/7 security


These next questions you need to ask yourself – What would attract me to live in Hedland?

Have you ever caught a Red Emperor, Spanish Mackerel, Barramundi or Mud Crab? This is the place.
Have you ever watched the turtles lay and the young hatch? All part of Pilbara life.
West Australia’s coral coast is just down the road at Exmouth and Coral Bay. Broome time in the Kimberley is just up the road
Lots of open-air camping, water holes, gorges and Karijini National Park
There are two independent public primary schools, 2 public primary schools, one High school, Pilbara TAFE, Catholic Primary School and a newly developed Pilbara Universities Center for those who are attending University online.


It’s time…………

Property Information

Location:

South Hedland TAB is located in the centre of town, stand alone building with Subway

Premises Details:

South Hedland’s Agency is nestled next to Subway in a detached twin retail establishment, conveniently located at the heart of the towns CBD, directly opposite Charter Hall’s South Hedland Square shopping Centre. The twin establishment is owned and fully maintained by Racing and Wagering Western Australia (RWWA).

Business Operation

Expansion Potential:

South Hedland TAB is scheduled for a refurbishment late 2020 or early 2021.
RWWA has agreed that a cash out ready teller can be installed within the venue.

Competition / Market:

Nearest TAB is in Port Hedland some 18Km away

Reasons for selling:

Time to Retire

Trading hours:

08:30 - 19:00 Daily

Other Information

Support & training:

Regional Development Consultant to help with any issues, questions and support including marketing planning and business growth.

Monthly Webinars to update agents on upcoming promotions, current events and new technology integrations.

Compliancy training renewal every 2 years for each agent and staff member.

Three-week training course for new Agents in Perth as well as instore training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Vendor Finance

Furniture / Fixtures value:
$5,300 (AUD) - included in the asking price
Inventory / Stock value:
$1 (AUD) - included in the asking price

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